£516,467
This estimated value is based upon the latest sale price for the house of £415,000 on 30 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£415,000 | 30 Jan 2019 |
£349,450 | 25 Nov 2014 |
£317,500 | 1 Jun 2007 |
Detached |
Freehold |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £415,000 results in an estimated price of approximately £516,467.
30 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £415,000 | £101,467 | £516,467 |
The Postcode Pricing Model uses changes in average sales price within the CV7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 19.977 % | £82,904 | £497,904 |
3 Month Average | 22.129 % | £91,833 | £506,833 |
6 Month Average | 25.714 % | £106,714 | £521,714 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £667,485 | £655,000 | 100 MEETING HOUSE LANE |
1 Mar 2023 | £422,048 | £415,000 | 7 BLYTHE AVENUE |
9 Aug 2022 | £428,504 | £426,500 | 645 KENILWORTH ROAD |
5 Jul 2022 | £396,473 | £392,500 | 631 KENILWORTH ROAD |
20 Jun 2022 | £464,939 | £455,000 | 36 MALVERN ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malvern Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Lane |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gipsy Lane |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Lane |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Gipsy Lane |